Price for Vegetable Saps and Extracts; Opium in Indonesia - 2022
Contents:
- Price for Vegetable Saps and Extracts; Opium in Indonesia (CIF) - 2022
- Price for Vegetable Saps and Extracts; Opium in Indonesia (FOB) - 2022
- Imports of Vegetable Saps and Extracts; Opium in Indonesia
- Exports of Vegetable Saps and Extracts; Opium in Indonesia
Price for Vegetable Saps and Extracts; Opium in Indonesia (CIF) - 2022
The average import price for vegetable saps and extracts; opia stood at $2,252 per ton in 2022, waning by -18.3% against the previous year. In general, the import price saw a drastic downturn. The growth pace was the most rapid in 2014 an increase of 94% against the previous year. As a result, import price attained the peak level of $14,734 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($18,938 per ton), while the price for the United States ($675 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+10.2%), while the prices for the other major suppliers experienced a decline.
Price for Vegetable Saps and Extracts; Opium in Indonesia (FOB) - 2022
In 2022, the average export price for vegetable saps and extracts; opia amounted to $50,230 per ton, growing by 4.8% against the previous year. In general, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 41%. The export price peaked at $64,041 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($123,963 per ton), while the average price for exports to Singapore ($2,074 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetable Saps and Extracts; Opium in Indonesia
Vegetable saps and extracts; opium imports into Indonesia fell notably to 31 tons in 2022, reducing by -74.1% compared with the year before. In general, imports showed a dramatic contraction. The smallest decline of -24.5% was in 2021.
In value terms, vegetable saps and extracts; opium imports shrank sharply to $71K in 2022. Over the period under review, imports faced a significant contraction. The smallest decline of -20.3% was in 2021.
| Import of Vegetable Saps and Extracts; Opium in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 352 | 289 | 247 | 50.1 | -47.8% |
| United States | 172 | 87.3 | 70.7 | 16.8 | -53.9% |
| Canada | 43.1 | 37.1 | 11.1 | 2.6 | -60.8% |
| Others | 3.8 | 5.8 | 4.9 | 1.0 | -35.9% |
| Total | 571 | 419 | 334 | 70.5 | -50.2% |
Top Suppliers of Vegetable Saps and Extracts; Opium to Indonesia in 2022:
- United States (24.9 tons)
- Canada (3.7 tons)
- Switzerland (2.6 tons)
Exports of Vegetable Saps and Extracts; Opium in Indonesia
In 2022, overseas shipments of vegetable saps and extracts; opia increased by 4.8% to 476 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a relatively flat trend pattern.
In value terms, vegetable saps and extracts; opium exports expanded markedly to $24K in 2022. In general, exports, however, showed a abrupt descent.
| Export of Vegetable Saps and Extracts; Opium in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 27.0 | 22.6 | 18.8 | 20.7 | -8.5% |
| Netherlands | 2.2 | 2.0 | 1.7 | 2.0 | -3.1% |
| Philippines | 1.6 | 1.3 | 1.1 | 1.1 | -11.7% |
| Singapore | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 31.3 | 26.1 | 21.8 | 23.9 | -8.6% |
Top Export Markets for Vegetable Saps and Extracts; Opium from Indonesia in 2022:
- Malaysia (393.0 kg)
- Singapore (49.0 kg)
- Netherlands (23.0 kg)
- Philippines (9.0 kg)
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